Asset Management Companies on WebNotes

History of PPFAS (1979 to present)

Sat, 16 May 2026 00:00:00 +0000

The history of PPFAS spans more than four and a half decades, from the 1979 founding of a Mumbai-based stock-broking and advisory practice by Parag Parikh at the age of twenty-five, through the 1992 incorporation of the practice as Parag Parikh Financial Advisory Services Limited , the 1996 launch of the Cognito discretionary Portfolio Management Service , the 2011 incorporation of PPFAS Asset Management Private Limited , the 2012 set-up of the mutual fund trust, the 2013 launch of the Parag Parikh Long Term Value Fund (subsequently renamed twice and now the Parag Parikh Flexi Cap Fund ), the watershed of the founder’s death in May 2015, the succession of Neil Parag Parikh as Chairman and CEO, and the subsequent expansion of the scheme range to seven active funds by February 2026. In May 2025 the flagship became the first actively managed equity scheme in India to cross Rs 1 lakh crore in AUM.

PPFAS Mutual Fund

Sat, 16 May 2026 00:00:00 +0000

PPFAS Mutual Fund is an Indian asset management company , formally constituted as PPFAS Asset Management Private Limited (the AMC) and sponsored by Parag Parikh Financial Advisory Services Limited (PPFAS Ltd, the sponsor). The fund house is among the most distinctively positioned AMCs in India, operating a deliberately small scheme portfolio of seven active funds anchored by the Parag Parikh Flexi Cap Fund (PPFCF), a globally diversified equity scheme that combines Indian equities with a substantial allocation to international stocks (predominantly US-listed mega-cap technology and financial companies) alongside a cash and arbitrage overlay.

PPFAS office and team structure

Sat, 16 May 2026 00:00:00 +0000

The office and team structure of PPFAS Mutual Fund, formally PPFAS Asset Management Private Limited acting as the investment manager for PPFAS Mutual Fund , comprises a single headquarters office in Mumbai supplemented by a network of Investor Service Centres in thirteen Indian cities, with a compact senior team that has remained substantially continuous through the post-2015 succession from founder Parag Parikh to his son Neil Parag Parikh as Chairman and CEO. The team scale is materially smaller than the personnel counts at the largest Indian asset managers, consistent with the broader boutique AMC positioning of the firm, but is sufficient to manage the seven active schemes that the AMC operates as of 2026.

Mirae Asset Mutual Fund

Tue, 12 May 2026 00:00:00 +0000

Mirae Asset Mutual Fund is an Indian asset management company , formally Mirae Asset Investment Managers (India) Private Limited, and the Indian operations of the Mirae Asset Global Investments group of South Korea. It is regulated by the Securities and Exchange Board of India under registration MF/055/07/03 and, as on April 2026, managed Rs 2,29,930 crore in assets per the AMC’s own corporate disclosure, placing it among India’s ten largest fund houses. Mirae Asset entered India in 2008 and built that book almost entirely through organic inflows, without a single AMC acquisition.

Quantum Mutual Fund

Tue, 12 May 2026 00:00:00 +0000

Quantum Mutual Fund is an Indian asset management company , formally Quantum Asset Management Company Private Limited, founded by Ajit Dayal and sponsored by Quantum Advisors Private Limited. It is regulated by the Securities and Exchange Board of India under the SEBI (Mutual Funds) Regulations, 1996 , and as of the quarter ended March 2026 managed Rs 3,349.99 crore across 14 schemes, a deliberately small book by Indian standards. The fund house is best known for two things: it was the first mutual fund in India to sell only direct, no-commission plans, seven years before SEBI mandated that structure industry-wide, and it runs one of the country’s longest-running value-style equity funds.